Odysse Electric Vehicles recorded a significant 148% year-on-year sales growth in October 2025, selling 1,125 units compared to 453 units in the same month last year. The Mumbai-based electric vehicle manufacturer attributed this growth to its expanding distribution network, new product launches, and strong festive season demand.
The company’s October performance was driven by robust demand for its latest lineup of smart electric scooters, including the newly launched Racer Neo, Snap, HyFy, and the high-speed Odysse SUN. These models, designed for performance, comfort, and intelligent commuting, have received positive early market response with strong word-of-mouth referrals and repeat purchases, according to the company.
Festive season promotions played a crucial role in accelerating sales momentum. Odysse Electric’s Navratri sale on e-commerce platform Flipkart, featuring festive discounts and savings offers, significantly boosted online demand and attracted first-time electric vehicle buyers.
The company’s distribution network has now expanded to cover nearly 300 pin codes across India, marking a substantial increase in retail visibility. This expansion has been accompanied by enhanced after-sales support and easy financing schemes, contributing to increased dealership interest and higher customer footfall.
“This festive season has reinforced the growing shift towards smart and sustainable mobility across India,” said Nemin Vora, Founder and CEO of Odysse Electric Vehicles. “Our latest models have received overwhelming customer acceptance, and the response from newer markets has been highly encouraging. With our network now reaching nearly 300 pin codes, we are committed to making reliable, affordable, and future-ready EVs accessible to every Indian household.”
The company stated it remains focused on further enhancing its dealership footprint, product offerings, and service network as part of India’s transition to cleaner transportation.
Market Context and Competition
Odysse Electric’s strong performance comes amid a record-breaking month for India’s electric two-wheeler industry. The sector clocked 143,000 units in October 2025, with Bajaj Auto reclaiming the number one position with over 31,000 Chetak sales, marking its return to the top spot after addressing rare earth magnet supply constraints that had impacted production earlier in the year.
India’s overall electric two-wheeler registrations jumped 30% month-on-month to 1.35 lakh units in October, fueled by festive season demand and government policy support including the retention of uniform 5% GST on electric vehicles.
The market witnessed intense competition among leading players. TVS Motor was pushed to second place after holding the crown for six months, while Ather Energy posted record sales to maintain third position. Meanwhile, once-dominant Ola Electric continued its decline, recording a significant drop attributed to persistent after-sales service challenges.
Ather Energy recorded a 46% month-on-month jump to 26,713 units in October, driven by its rapid store expansion strategy. Hero MotoCorp’s Vida brand also showed strong growth, benefiting from its new product launches.
The October surge reflects broader trends in India’s electric vehicle ecosystem, where festive season buying, improved charging infrastructure, and competitive pricing are driving adoption. Legacy automakers and startups alike deployed aggressive promotional strategies and festive offers to capture market share during the critical Diwali purchasing period.
Odysse Electric Vehicles is a Mumbai-based premium electric vehicle manufacturer focused on the Indian two-wheeler market. Founded by Nemin Vora, the company positions itself as one of India’s fastest-growing EV manufacturers in the premium segment.
The company’s current lineup includes several smart electric scooter models designed for urban commuting:
- Racer Neo: Performance-oriented model targeting young, tech-savvy consumers
- Snap: Compact urban mobility solution
- HyFy: Mid-range smart scooter with advanced features
- Odysse SUN: High-speed flagship model for premium buyers
All models emphasize performance, comfort, and intelligent commuting features, catering to value-driven and eco-conscious consumers seeking sustainable transportation alternatives.
Odysse Electric primarily targets urban and semi-urban consumers who are environmentally conscious, value-driven, and seeking reliable electric mobility solutions. The company’s focus on smart features and performance appeals to younger demographics and first-time electric vehicle buyers transitioning from conventional two-wheelers.
The company has rapidly expanded its presence across India, now covering nearly 300 pin codes through a growing dealership network. This expansion strategy includes both physical retail outlets and online sales channels, including partnerships with major e-commerce platforms like Flipkart.
Odysse Electric’s growth strategy focuses on expanding retail visibility in newer markets, offering easy financing schemes, and strengthening after-sales support infrastructure to build customer confidence. The company leverages festive season promotions and competitive pricing to attract first-time EV buyers while building brand loyalty through product quality and service reliability.